Bessent Adviser Says Treasury Yields Are ‘Really, Really High’ but May Ease Soon
David Zervos, a new adviser to Treasury Secretary Scott Bessent, said U.S. Treasury yields are at unusually elevated levels but could come down in the near term. His comments come after benchmark 10-year and 30-year yields climbed to 24-year highs, intensifying concern across global bond markets and policy circles.
